Needham & Company LLC Begins Coverage on Legend Biotech (NASDAQ:PCVX)

Needham & Company LLC assumed coverage on shares of Legend Biotech (NASDAQ:PCVX) in a report issued on Tuesday morning, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $40.00 target price on the stock.

Separately, Cantor Fitzgerald began coverage on shares of Legend Biotech in a research report on Tuesday. They set an overweight rating and a $55.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of $42.25.

NASDAQ PCVX opened at $29.35 on Tuesday. Legend Biotech has a fifty-two week low of $17.80 and a fifty-two week high of $36.50.

In other Legend Biotech news, Director Robert Lorne Hopfner bought 93,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was bought at an average price of $16.00 per share, with a total value of $1,488,000.00.

Legend Biotech Company Profile

Vaxcyte, Inc a biopharmaceutical company, develops vaccines for infectious diseases. It offers conjugate, pneumococcal conjugate, and complex antigen-based vaccines. The company has a license to Sutro Biopharma's Xpress CF platforms for cell free protein synthesis and site-specific conjugation. Vaxcyte, Inc was formerly known as SutroVax, Inc and changed its name to Vaxcyte, Inc in May, 2020.

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Analyst Recommendations for Legend Biotech (NASDAQ:PCVX)

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